In this April 17, 2008, file photo, a customer picks up doughnuts at the drive through at a Krispy Kreme store in Matthews, N.C. (AP Photo/Chuck Burton, File)
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U.S. doughnut chain Krispy Kreme is being bought by the German investment group JAB Holding, folding it into JAB's strong portfolio of European and North American coffee and coffee-shop brands.JAB said Monday that its unit JAB Beech would pay $1.35 billion to take the New York Stock Exchange-listed Krispy Kreme Doughnuts private.In a deal agreed with Krispy Kreme's board of directors, JAB will pay $21 per share in cash, a 25 percent premium over the company's closing share price last Friday.
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